Overview
What is Hancock Hope House Inc?
Hancock Hope House Inc, situated in Greenfield, Indiana, is a dedicated nonprofit organization that offers shelter and support to up to 35 individuals nightly, serving communities in Hancock, Henry, Rush, and Shelby Counties. Their mission is to instill hope within the community and empower individuals and families as they strive towards self-sufficiency. The organization aids adults in managing their finances and enhancing essential life skills, while also helping them create and execute personalized plans to achieve self-sufficiency using local and personal resources. With a team of 19 dedicated employees, Hancock Hope House Inc plays a crucial role in supporting the local community by providing a vital safety net and resources for those in need.
Official website here: www.hancockhopehouse.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Hancock Hope House Inc has achieved an impressive 96% rating from Charity Navigator, which reflects strong performance in accountability and finance. This rating is entirely determined by their beacon score, focusing on responsible financial health and transparency. Their commitment to governance is evident, with a fully independent board comprised of ten members, ensuring effective oversight and ethical management.
The organization has demonstrated financial stability with a low liabilities-to-assets ratio of 3.71%. Additionally, an impressive 74.20% of their expenses are directed toward program costs, indicating a strong focus on fulfilling their mission rather than administrative overhead. The presence of comprehensive policies regarding conflicts of interest, whistleblowing, and document retention further showcases their dedication to maintaining high standards of operational integrity.
While the rating highlights numerous strengths, specific program outcomes and community impact details are not provided in the summary. Therefore, while the financial stewardship and governance practices are commendable, potential donors may seek additional information about the effectiveness of their programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is Hancock Hope House Inc legitimate?
Hancock Hope House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hancock Hope House Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $66,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,639
For more financial information, click here
Official website here: www.hancockhopehouse.com
What is the mission statement of Hancock Hope House Inc?
The mission of Hancock Hope House Inc is centered around providing hope to the community while strengthening individuals and families on their journey towards self-sufficiency. This non-profit organization aims to assist adults by offering support in budgeting and life skills, as well as helping them develop and implement personalized plans for self-sufficiency using available resources. The organization's work focuses on providing shelter for up to 35 individuals per night in various counties, thereby playing a significant role in community improvement and personal development.
Official website here: www.hancockhopehouse.com
Who is the CEO of Hancock Hope House Inc?
Mitch Gibson is the President of Hancock Hope House Inc.
Official website here: www.hancockhopehouse.com
What is the revenue of Hancock Hope House Inc?
Hancock Hope House Inc's revenue in 2022 was $618,478.
Official website here: www.hancockhopehouse.com
Who are the executives of Hancock Hope House Inc and what are their salaries?
The average compensation at Hancock Hope House Inc during 2022 was $15,524. There are 19 employees and 20 volunteers at Hancock Hope House Inc.
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Official website here: www.hancockhopehouse.com
Where can I find the form 990 for Hancock Hope House Inc?
Hancock Hope House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hancockhopehouse.com
Learn more at the official website: www.hancockhopehouse.com
Mission Statement of Hancock Hope House Inc
Hancock Hope House Inc is committed to offering hope to the community while strengthening individuals and families on their journey towards self-sufficiency. The nonprofit organization aims to accomplish this mission by providing shelter for up to 35 people each night in Hancock, Henry, Rush, and Shelby counties. Upon entering the shelter, adults receive assistance with budgeting and life skills development, as well as the creation and implementation of personalized plans for self-sufficiency utilizing both area and personal resources.
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Impact
July, 2024
Hancock Hope House Inc provides shelter for up to 35 people per night in Hancock, Henry, Rush, and Shelby counties. They assist each adult in budgeting and life skills, as well as developing and implementing individualized plans for self-sufficiency using area and personal resources. Their impact lies in providing hope to the community while strengthening individuals and families on their journey to self-sufficiency.
This information is meant to be a general summary of Hancock Hope House Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $189
- Gross Receipts: $635,354
Assets and Liabilities:
- Total Assets: $992,200
- Total Liabilities: $26,879
- Net Assets: $965,321
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Organization Details
Founding Year
1991
Phone
(317) 467-4991Principal Officer
Mitch Gibson
Main Address
35 E PIERSON, GREENFIELD, IN, 46140
Website
www.hancockhopehouse.comNTEE Category
Code: L21Z - Housing
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